Stories by AP

Iran issued a new warning over Mideast oil supplies as the United Arab Emirates said on Tuesday it could increase its own production, the latest remarks to follow Donald Trump's demand for lower global energy prices. The comments by...

The OPEC oil countries agreed Friday to increase their combined production by almost one million barrels a day, though questions remain over some members' ability to do so amid domestic trouble and sanctions. After a meeting in Vienna,...

Comcast made a US$65 billion bid Wednesday for Fox's entertainment businesses, setting up a battle with Disney to become the next mega-media company. The bid comes just a day after a federal judge cleared AT&T's takeover of Time...

Southwest Airlines runs its planes hard. They make many short hops and more trips per day than other United States airliners, which adds to wear and tear on parts, including the engines. As the investigation into last week's deadly...

Various outlets have reported that the 33-year-old reality TV star, Khloe Kardashian, has given birth to a baby girl, but her reps have not commented. Kardashian was expecting the baby with Cleveland Cavaliers' Tristan Thompson. The birth...

Executives with President Donald Trump's family hotel business on Monday abandoned the management offices of a luxury hotel in Panama that has been the scene of a tense, 12-day standoff over a business dispute with the hotel's owners...

American delivery giant UPS is suing the European Union's antitrust regulator for blocking a merger with Dutch firm TNT Express, which later was snapped up by UPS rival FedEx Corp. United Parcel Service Inc is seeking euro1.742 billion (...

Federal Reserve Chairman Jerome Powell said Tuesday that the global economy is recovering strongly for the first time in a decade, but the central bank needs to remain alert to any emerging risks to financial stability. In brief remarks during a...

The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come. Investor fears about higher interest rates escalated into rapid, computer-generated...

New rules to protect investors, improve market transparency and honesty and prevent another financial crisis went into effect on Wednesday in Europe. The regulations are more than a million paragraphs long, took six years to write and...

South Korean prosecutors on Wednesday demanded a 12-year prison term for Samsung's jailed billionaire heir, Lee Jae-yong, who maintained his innocence during an appeal of his conviction on bribery and other charges. In August, a lower...

Even by bitcoin standards, Thursday was a wild ride. With a few hours, the volatile digital currency surged above US$19,000, dropped back below US$16,000, and then see-sawed before settling in just above US$17,000 late Thursday in the United...

Flood damage from Harvey is likely to reach into the tens of billions and the storm is expected to cause south Texas’ economy to shrink, at least in the near term. Harvey is swamping refineries along the Gulf Coast, leading to higher...

Expedia CEO Dara Khosrowshahi has been named Uber's top executive, taking the difficult job of mending the dysfunctional ride-hailing giant and turning it from money-losing behemoth to a profitable company. Uber's fractured eight-...

The Venezuelan government on Monday claimed a popular mandate to dramatically recast the country's political system even as condemnations of the process poured in from governments around the world and the opposition at home. The United...

A federal judge has convicted former Brazilian president Luiz Inacio Lula da Silva of corruption and money laundering and sentenced him to nine and a half years in jail. Lula will remain free while an appeal is heard. The former president...

Microsoft is laying off thousands of employees in a shake-up aimed at selling more subscriptions to software applications that can be used on any internet-connected device. Most of the people losing their jobs work in sales and are located...

The price of oil slumped to its lowest level of the year on Tuesday. Benchmark US crude lost 97 cents, or 2.2 per cent, to settle at US$43.23 per barrel, and Brent crude, the international standard, fell 89 cents to US$46.02 per barrel. The...

The United States Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed also announced plans to start gradually paring...

The inflation rate in the United Kingdom has risen to its highest level in four years, as the drop in the pound since the Brexit vote pushes up the cost of living. The Office for National Statistics said Tuesday that consumer prices were up...